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Integrating into the Yangtze River Delta, We Forge Ahead Toward a Maritime Future. On June 17, Fu Yang, Deputy Secretary of Jianhu County Party Committee and County Magistrate of Jiangsu Province, led a delegation to host the Special Investment Promotion Conference on Jianhu (Shanghai) Offshore Engineering Equipment in Shanghai. On behalf of the county Party committee and government, Magistrate Fu extended a sincere invitation to all Shanghai?based enterprises. The two sides will jointly tap marine resource potential, foster new marine industries, expand marine development space, and build a robust offshore engineering equipment cluster featuring distinctive positioning and coordinated industrial chains, striving to create a new future of maritime growth and win?win cooperation.

| Forge In?depth Industrial Chain Cooperation to Co?build a Sound Industrial Ecosystem

To actively respond to the integrated development strategy of the Yangtze River Delta and boost coordinated industrial growth across regions, Cui Min, Vice Magistrate of Jianhu County, headed a business delegation composed of elite local enterprises to pay a visit to Shanghai Shenkai Petroleum & Chemical Equipment Co., Ltd. (hereinafter referred to as Shenkai) on the morning of June 17 for supply-demand matching exchanges along the industrial chain. The two sides held thorough exchanges covering collaborative industrial chain innovation, intelligent manufacturing upgrading, AI technology implementation and shared market resources. They jointly explored new cooperation prospects and drew up a roadmap for high-quality growth. A number of enterprises reached preliminary cooperation agreements, marking a promising start for future joint efforts.

| Pool Strengths for Maritime Development to Write a New Chapter of Growth

That afternoon, Zhang Enyu, President of Shenkai, attended the Jianhu (Shanghai) Special Investment Promotion Conference on Offshore Engineering Equipment as a guest speaker and delivered a keynote address.

Zhang Enyu stated that Shenkai has consistently adhered to an innovation?driven development strategy. Backed by Jianhu’s comprehensive industrial supporting system, the company focuses on two core areas: deep terrestrial exploration and deep?sea development. It continuously advances core technology research and high?end equipment R&D, breaking industry technical bottlenecks through independent innovation to safeguard national energy security. In deep?sea development, Shenkai has built a full industrial chain covering smart wellheads, key subsea production system components and deepwater Remotely Operated Vehicles (ROVs). Its core equipment including integrated wellhead systems, CO? reinjection systems (CCUS) and rapid mud logging instruments has been applied in key national projects such as China’s largest offshore smart oilfield cluster — Enping 15?1 Oilfield Cluster, Asia’s deepest fixed jacket platform Haiji No.1, and the research vessel Mengxiang. More importantly, Shenkai is systematically building core deep?sea equipment capabilities. Undertaking strategic projects commissioned by the Shanghai Science and Technology Commission including the 1,500?meter horizontal subsea Christmas tree, the company has developed domestic prototypes and broken foreign technological monopolies. Through strategic investment in Shandong Future Robotics, Shenkai has entered the deepwater ROV sector, aiming to build an integrated full?chain business ecosystem of “marine oil & gas equipment + deep?sea engineering services”.

He pointed out that with the deep advancement of the Yangtze River Delta integration strategy, regional collaborative innovation has ushered in new development opportunities. Shenkai intends to further strengthen exchanges and cooperation with the Jianhu County Government and industrial chain enterprises, giving full play to its role as an industry leader and core chain enterprise. We will jointly drive the offshore engineering and oil & gas equipment industries toward high?end, smart and low?carbon development, accelerate the domestic substitution of core equipment, and collaborate to build a globally competitive industrial cluster for modern energy equipment.